The Federal Reserve Bank of New York (NYFed), acting like a financial Santa Claus to recklessly naughty bankers, delivered $17 billion in cash to an unknown bank or banks at 8 AM the morning after Christmas.

That’s just the latest scary development that has gone unreported until now.

The sudden spate of cash shortfalls raises serious concerns about the stability of the largest banks and the utter failure of 21st Century regulators to identify problems and protect the public.

The sudden demands for cash to cover shortfalls began on Halloween. That day the NYFed injected more than $50 Billion into one or more unnamed banks. Since then, it has injected tens of billions into banks 14 times, delivering greenbacks galore roughly every third business day.

Contrast this with the five years beginning in July 2020. Virtually no such cash infusions were made during that time